In 'The New Great Depression: Winners and Losers in a Post-Pandemic World', James Rickards argues that the economic crisis triggered by the COVID-19 pandemic is the worst in U.S. history, surpassing the crises of 2008 and 1929. He examines the viral science behind the pandemic, the economic repercussions of national and international lockdowns, and the long-term impacts on the economy, including unemployment, bankruptcies, and social disorder. Rickards draws on historical case studies, monetary theory, and his access to the halls of power to provide a comprehensive understanding of the crisis. He offers practical advice on how investors can preserve and grow their wealth during this turbulent period, emphasizing the importance of diversification and preparing for impending inflation.
In *Aftermath*, James Rickards analyzes the current state of global financial markets, arguing that they are artificially inflated due to factors such as investor optimism around the Trump administration, low interest rates, and the influence of behavioral economics. The book provides seven secrets for wealth preservation, discussing topics like the manipulation of 401(k) funds, the risks of digital currencies, and the limitations of passive investing. Rickards also outlines what the financial landscape might look like after the next crisis and offers practical advice on how to prepare and protect one's assets.
In this book, Stephanie Kelton challenges conventional economic wisdom by arguing that government deficits are not inherently bad and can actually strengthen economies. She dispels six key myths about deficits, such as the idea that governments should budget like households, that deficits harm future generations, crowd out private investment, and undermine long-term growth. Kelton explains that in a fiat currency system, governments are not constrained by the same budgetary rules as households or businesses. Instead, the real constraints are the limits of real resources and the threat of inflation. The book advocates for using MMT to address critical social issues like poverty, inequality, unemployment, healthcare, and climate change by shifting the focus from narrow budgetary questions to broader economic and social benefits.
Hedgeye CEO Keith McCullough went one-on-one with investor/bestselling author James Rickards to discuss key ideas in his book, "The New Great Depression: Winners and Losers in a Post-Pandemic World".
Visit Hedgeye.com for more great investing content.
Subscribe to other Hedgeye Products Here:
The Call @ Hedgeye
The Macro Show
Signal Strength Stocks
Top Stock Picks
Hedgeye Founder & CEO Keith McCullough's long-awaited new book, “Master The Market” is available now! In this 52-page e-book, Keith McCullough distills decades of Wall Street experience into actionable insights. Discover how to navigate market cycles, avoid major losses, and invest with the confidence of a seasoned pro. Download your free copy right now. Go to Hedgeye.com/book. That’s Hedgeye.com/book.
Start generating alpha with our suite of “Sector Pro” investing research products. Dive deep into Retail, Industrials, Technology (and everything in between) with exclusive access to the sharpest analysts and actionable ideas on Wall Street. CLICK HERE to check out out product page.
The Call @ Hedgeye is a live webcast that pulls back the curtain on the decision-making process of a world-class hedge fund. Our team of 40+ equity analysts join Hedgeye CEO Keith McCullough weekdays at 7:45am ET to discuss key market developments, trends and our high-conviction long and short investing ideas. You will not get this granular level of insight anywhere else. CLICK HERE to check out our product page.
Turn off that tired “Old Wall” TV and tune into The Macro Show, Hedgeye’s live daily broadcast featuring key market and economic insights, investing implications and interactive viewer Q&A. See for yourself why more and more investors in the U.S. and abroad have made this “must-see” market TV. We are live online every weekday morning at 9:00am ET. CLICK HERE to check out our product page.
Hedgeye Podcasts 
